“TikTok is barreling toward an outright federal ban as a direct result of its failure to pursue an orderly divestiture.” …
Tagged By financials
China Retirement
China’s move to raise the retirement age, the first adjustment since the 1950s, is a critical response to an escalating demographic and economic crisis.
Defending champion Swiatek withdraws from Beijing
Last year, Swiatek lost just one set in Beijing en route to winning her sixth career WTA … She also withdrew from this week’s Hana Bank Korea Open in Seoul citing a change of schedule.…
Universe Pharmaceuticals INC Reports Financial Results for The First Six Months of Fiscal Year 2024
JI’AN, Jiangxi, China, Sept. 20, 2024 (GLOBE NEWSWIRE) — Universe Pharmaceuticals INC (the “Company,” “we,” “our” and “us”) (Nasdaq: UPC), a pharmaceutical producer and distributor in China, today …
Russia and China start naval exercises in Sea of Japan, agencies report
Russia and China started naval exercises in the Sea of Japan on Saturday, Russian news agencies cited Russia’s Pacific Fleet as saying.
Iron ore advances on Beijing stimulus hopes
SINGAPORE: Iron ore futures prices strengthened on Friday as prospects of fresh monetary stimulus from China lifted trading sentiment, but were headed for a weekly fall as the top consumer’s faltering …
Is China looking to Mao Zedong’s ‘Third Front’ as part of economic self-reliance drive?
The original plan moved industries west to counter the threat of invasion, but now the prime motivation appears to be supply chains China is reviving aspects of a Mao Zedong-era plan to relocate …
Wilmar International: Interest Rates And China Are Still In The Spotlight
Read here for an analysis of the Fed rate cut impact on Wilmar International and challenges in China market. We maintain a Hold rating for WLMIF stock.
China’s financial institutions report 7 pct growth in total assets
Total assets of China’s financial institutions rose to 480.64 trillion yuan (about 68.03 trillion U.S. dollars) as of the end of June this year, according to data released by the country’s central …
China optimizes rules for financial leasing firms
China has further optimized the regulation of financial leasing companies to prevent financial risks, improve financial services, and promote high-quality development of the industry.
Xinhua News | China’s financial institutions report 7 pct growth in total assets
Total assets of China financial institutions rose to 48064 trillion yuan about 6803 trillion US dollars as of the end of June this year accordi …
China’s central bank conducts $80.96 billion via reverse repos
China central bank conducted 5719 billion yuan about US8096 billion of seven-day reverse repos at an interest rate of 17 percent Friday …
China’s Banks Maintain Key Lending Rates as PBOC Stays Put
Chinese banks maintained their benchmark lending rates for September, as policymakers hold off on further monetary stimulus while financial institutions struggle with record-low profit margins.
